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Power demand growing despite last month’s slump
India

Power demand growing despite last month’s slump

Anand Gupta
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Despite the ongoing economic slowdown, the power ministry claims that India’s electricity demand has been growing though it fell last month. It said rising renewable and hydropower generation led to lower use of thermal plants. CEA data showed tha… New Delhi: India’s electricity demand has been growing although it fell last month because of excessive […]
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Monthly U.S. renewable power output surpasses coal for first time -EIA
Americas

Monthly U.S. renewable power output surpasses coal for first time -EIA

Anand Gupta
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23
The share of renewable energy sources in U.S. power production has surpassed that of coal for the first time on a monthly basis, the U.S. Energy Information Administration said on Wednesday. Renewable sources, including utility-scale hydropower, wind, solar, geothermal, and biomass, accounted for 23% of the country’s total electricity generation in April, versus 20% from […]
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Remote Alaskan Microgrid Will Use Battery Storage for Seasonal Salmon Surges
Energy Storage

Remote Alaskan Microgrid Will Use Battery Storage for Seasonal Salmon Surges

Anand Gupta
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12
The Saft system will cut down on expensive diesel consumption and allow better utilization of local hydropower. Energy storage has been used to serve multifarious grid needs, but salmon-induced demand mitigation may be a new one. The remote town of Cordova, Alaska, located on the coast between Anchorage and Juneau, inaugurated its first utility-scale lithium-ion […]
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SEFA approves grant to promote investments into Renewable Energy in Ethiopia
Middle East & Africa

SEFA approves grant to promote investments into Renewable Energy in Ethiopia

Anand Gupta
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The SEFA grant will encourage private investments into hydropower projects through Ethiopia’s Renewable Energy Programme. The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the rollout of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia. The SEFA grant […]
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Vermont Utility Green Mountain Power Commits to 100% Renewables by 2030
Americas

Vermont Utility Green Mountain Power Commits to 100% Renewables by 2030

Anand Gupta
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12
Utility will “dramatically” boost its in-state renewables portfolio and increasingly lean on storage, expanding on its existing hydropower base. Green Mountain Power has joined the ranks of utilities like Xcel Energy that are working toward 100 percent carbon-free electricity. The Vermont-based utility will target 100 percent carbon-free by 2025 and 100 percent renewables by 2030. […]
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Record EUR 3.3 billion EIB engagement across Africa supports private sector, clean energy, transport and water investment
Europe & UK

Record EUR 3.3 billion EIB engagement across Africa supports private sector, clean energy, transport and water investment

Anand Gupta
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9
Largest ever European Investment Bank engagement in Africa since 1965 Direct support for 59 private sector and sustainable development projects 20 African countries EIB President highlights strong pipeline of new projects at African Union summit In 2018 the European Investment Bank agreed EUR 3.3 billion (USD 3.74 billion) of new financing for private sector and […]
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